Wall*
467 Main Street
Penticton, BC
Canada V2A 5C4
Details
Address | 1257 Belaire Avenue |
Area | Central Okanagan |
Sub Area | SFS - Springfield/Spall |
State/Province | British Columbia |
Country | Canada |
Price | $1,888,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 3 |
Half Baths | 1 |
Floor Space | 2798 Square Feet |
Lot Size | 0.23 Acres |
Waterfront | No |
Year Built | 1959 |
Taxes | $8,409 |
Tax Year | 2024 |
MLS® # | 10325844 |
ATTENTION DEVELOPERS! CAPRI URBAN CENTER LAND ASSEMBLY TOTALLING .46 ACRES, UC2 zoning allowing up to 12-15 Stories. 1257 AND 1269 BELAIRE to be bought in conjunction, .23 acre each lot equals .46 acres of high density development potential in center of the fast developing Capri-Landmark Urban Center neighbourhood plan, only a few blocks from Landmark towers, the coming new Recreation Complex, close to downtown and Okanagan Lake, it is as central as it comes! Zoned UC2, a mixed commercial-residential zone, allowing a variety of apartment, professional, health, and office uses. Community plan allows up to 12 stories, but may hold potential for up to 15 stories on application with bonus uses. Base FAR is 3.3 for pot 66,124 of building space. Rental or affordable housing may add a further .3 FAR for up to 12 stories, or possibly .05 FAR per story (for 12 story or more). Initial feasibility study done at FAR of 1.8 for a 6 story plus 2 story underground parkade, 51 unit condo/apartments, studio-2 bed units + 3 live work units at total 44,861 SF above ground. Current home offers 3 Bed up, 2 Bed Legal suite, & non-conforming "cottage" in back. Hardwood floors, decently maintained and updated over the years. Value in land, and is “as is where is”. To be bought in w/ 1269 Belaire. Value in land. All home measurments approx & to be verified. (Buyer to do own due diligence on info with City of Kelowna).
Listed by ROYAL LEPAGE KELOWNA
Location
About
Thank you for visiting and trusting me with one of your most important financial transactions. Choosing the right REALTOR® is more than just a matter of price. Match yourself with the right professional that will guide you through an incredibly complex and likely stressful time. Ask questions and understand their process and how much attention and focus they can provide you and your home.
I have been actively involved in the real estate market for over 20 years with experience in property investment, renovations, and vacation rentals. After a long career in Management with the Vancouver Canucks, I am excited to relocate to the Okanagan and apply my extensive business and analytics experience as a Real Estate Advisor. I have a long history in the Okanagan and am proud to have helped create and run the YoungStars hockey tournament in Penticton since its inception and currently sit as the Chair of the Local Organizing Committee of the event. I currently do regular segments on Sportsnet Vancouver Radio as well, providing additional attention and scope to my marketing efforts.
“I want to provide an elevated level of service and use over 20 years of professional experience to help my clients live their Okanagan dream. I connect directly into the major markets in Canada through an extensive professional and personal network while being a proactive presence in the Okanagan community.”
With a passion for living in the Okanagan, I am ready to help with your home buying and selling needs and as a proud member of the Engel & Völkers South Okanagan family, I carry the core values of competence, exclusivity, and passion into everything I do.
Living in Peachland, I can generally be found on a baseball diamond or soccer field with my kids and enjoying the many Okanagan beaches and lakes, mountain biking and golf.